It is nice to see Apple’s stock price moving up again on news that Apple is looking to acquire an AI chip company. This will probably be its biggest acquisition in history. Hopefully this will help it to expand the power of its AI servers. With a new CEO in helm, we can look forward to more initiatives to make Apple stronger and cement its competitiveness.
☕️ [Task Coins Giveaway] Daily Market Talk — Chips Break Ranks as Inflation Cools
Inflation cooled again and the market pushed higher, but the AI trade split apart. Big Tech and Apple (a new record) led the S&P up, while memory chips got dumped: SK Hynix -9%, Micron -8%. Add SpaceX...
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